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Is it Time to Abandon Theta Network? A recent 30% Drop Raises Concerns

Bitcoinist
by Bitcoinist
Last Updated: June 25, 2023 12:51 am
·
Posted in Press releases
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

No doubt, blockchain technology and innovations are changing the world, one industry at a time. One such technology is Theta Network, a decentralised video delivery platform powered by blockchain technology. Theta Network is a unique technology that has revolutionised the video streaming industry and increased profitability for stakeholders.

However, Theta Network is having a rather unpleasant second quarter as the price of its token has slumped by 30% in recent times. This rapid drop in price has sparked concerns among investors about whether there is still more upside to the token or if it’s time to abandon the project.

Amidst this debate among investors, experts are suggesting a new hybrid meme coin as the best alternative to make back losses fast and amass profit before the end of the year.

In this article, we’ll analyse the future price prediction for Theta Network and see if there is still hope for investors. We’ll also discuss everything you need to know about this new hybrid token and why investors think it is the next big thing.

Theta Network Price Prediction For 2023

It’s been over 26 months since Theta Network reached its all-time high price of $15.8. The price has since dropped like a stone from the sky, tumbling over 95% from this all-time high. While Theta Network might have gained over 9% in the last 7 days, its price has fallen almost 18% in the last 30 days and isn’t showing any signs of stopping.

This continued fall in pierce confirms that Theta Network is in a strong downtrend. Experts believe that since Theta Network has a strong use case, the price of its token has the potential to recover and still rally as high as $5 before the end of the year.

Nonetheless, for this to happen, the Theta Network ecosystem will require major fundamental news and a massive inflow of investors to awaken its price. Since this may seem like a long shot, the majority of Theta investors are cutting their losses and switching over to a new hybrid memecoin, Pikamoon, which experts say will make as much as 50x for investors in 2023.

 

⚡️Welcome to #Dreva⚡️

The first official in game shot! 👀

Join the #PikaArmy ➡️ https://t.co/RS4SzL4OAP

🚨$100 $EGLD Giveaway + 5 WL🚨

– Follow @PikaMoonCoin
– RT, Like & Tag 2 Friends pic.twitter.com/cwFsMvzF6S

— Pikamoon (@PikaMoonCoin) March 14, 2023

What is Pikamoon?

Pikamoon is one of the front-line GameFi projects in the crypto industry and is led by a team of crypto veterans and blockchain experts. The conglomerate of experts at Pikamoon is fully committed to the success of the project and is willing to go the extra mile to ensure Pikamoon becomes an industry leader.

Trust is a scarce commodity in the crypto industry, and investors hold it in high esteem. The Pikamoon team believes they owe 100% transparency to their community members and investors. This is why the core team at Pikamoon took the necessary step of ensuring every team member and advisor was properly doxxed and vetted by Coinsult, a top blockchain audit firm in the industry.

This is why investors have so much trust and faith in the Pikamoon project. It doesn’t end there. Pikamoon’s coin distribution includes a vesting period of 36 months for all team members and advisors. This show of commitment sets Pikamoon ahead of other meme coins by a huge margin.

To top it all off, $PIKA, the native token of the Pikamoon game, is a deflationary token designed to increase in value over time. The delationary mechanism of the Pikamoon ecosystem creates token scarcity by burning 5% of all $PIKA tokens used in the Pikamoon in-game marketplace. This will ultimately reduce the number of PIKA tokens in circulation and increase the market value of the available tokens.

Investors and expert analysts have full confidence that the Pikamoon project will be a massive success with long-term future potential. This explains why many crypto whales and investors are dumping other coins in their portfolios to bag Pikamoon in the ongoing presale.

 

Pikamoon Presale: The Easiest Way To Make 20,000% In 2023

The Pikamoon presale is where big investors and crypto whales are securing massive profits for 2023. It’s time to level up your crypto investing career. Follow in the footsteps of the industry’s greats to secure massive profits and exponentially grow your portfolio in 2023.

Pikamoon is in the third and last round of its presale, and tokens are selling fast for as little as $0.0006. Investors are loading up on more PIKA tokens than in the 1st and 2nd rounds. This is due to no other reason than the fact that prices are certain to skyrocket as high as 20X once the coin launches on major exchanges.

Don’t miss out on this massive move. Get on the Pikamoon presale now!

Find out more about Pikamoon (PIKA):

Buy Now: https://pikamoon.io/buy

Website: https://pikamoon.io

Twitter: https://twitter.com/Pikamooncoin

Telegram: https://t.me/pikamoonofficial

 

Disclaimer: This is a paid release. The statements, views and opinions expressed in this column are solely those of the content provider and do not necessarily represent those of Bitcoinist. Bitcoinist does not guarantee the accuracy or timeliness of information available in such content. Do your research and invest at your own risk.

 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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